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Investments in Unconsolidated Entities and International Investments - Combined Statements of Operations (Details) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
REVENUE:        
Lease income $ 1,339,824 $ 1,298,737 $ 3,958,236 $ 3,801,880
Other income 107,425 82,156 327,227 237,007
Total revenue 1,480,710 1,410,948 4,381,566 4,131,398
EXPENSES:        
Property operating 141,114 136,541 398,520 366,553
Depreciation and amortization 320,365 315,259 937,749 941,851
Real estate taxes 93,999 115,456 299,848 338,452
Repairs and maintenance 23,019 22,660 73,272 67,837
Advertising and promotion 34,138 28,809 101,046 86,713
Other 37,784 41,240 120,384 132,369
Total operating expenses 712,941 716,714 2,124,516 2,116,515
OPERATING INCOME BEFORE OTHER ITEMS 767,769 694,234 2,257,050 2,014,883
Interest expense (226,424) (212,210) (678,382) (629,725)
Gain on sale or disposal of, or recovery on, assets and interests in unconsolidated entities, net (1,228) (5,541) 6,752 (9,897)
CONSOLIDATED NET INCOME 546,671 680,762 1,957,262 1,757,522
Income from Unconsolidated Entities 58,504 95,480 66,375 207,835
Unconsolidated properties | Equity Method Investees excluding Jamestown, Klepierre, TRG and other platform investments        
EXPENSES:        
Third-Party Investors' Share of Net Income 104,298 124,272 291,517 329,338
Our share of net income (loss), net of tax 100,568 104,518 282,193 306,777
Amortization of Excess Investment (14,404) (14,933) (43,564) (44,781)
Our Share of Gain on sale or disposal of, or recovery on, assets and interests in unconsolidated entities, net       (454)
Income from Unconsolidated Entities 86,164 89,585 238,629 261,542
Unconsolidated properties | Equity Method Investees excluding Jamestown, Klepierre, TRG and other platform investments        
REVENUE:        
Lease income 763,185 743,388 2,257,101 2,212,197
Other income 92,151 129,021 277,915 357,261
Total revenue 855,336 872,409 2,535,016 2,569,458
EXPENSES:        
Property operating 171,027 165,406 494,210 475,364
Depreciation and amortization 155,472 159,560 473,394 483,361
Real estate taxes 56,683 63,607 180,967 192,550
Repairs and maintenance 17,382 19,034 55,016 55,452
Advertising and promotion 20,098 19,188 63,292 58,702
Other 53,225 63,696 161,735 180,213
Total operating expenses 473,887 490,491 1,428,614 1,445,642
OPERATING INCOME BEFORE OTHER ITEMS 381,449 381,918 1,106,402 1,123,816
Interest expense (176,583) (172,523) (532,692) (508,230)
Gain on sale or disposal of, or recovery on, assets and interests in unconsolidated entities, net   19,395   20,529
CONSOLIDATED NET INCOME $ 204,866 $ 228,790 $ 573,710 $ 636,115